Golf Channel gets tax dollars to expand

Golf Channel gets tax dollars to expand

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The City of Orlando and State of Florida will combine to give the Golf Channel more than $700,000 worth of incentives to expand their operations in Orlando.  Golf Channel CFO Jay Madara says they will add 75 jobs paying on average more than $75,000 a year.

"We are excited to expand our operations as the fastest growing operation on television."

Madara says without the incentives, he could not be sure Orlando would have landed the jobs.

"With these incentives it will ensure and help us have these jobs located here in Orlando as compared to any other place within the NBC Universal footprint."

The state will contribute $570,000, with the city adding another $133,000.   Orlando Mayor Buddy Dyer tells us that the state's Quick Action Closing Fund helped seal the deal.

"Let's give the governor some credit on this one, I don't always.  I'm not always quick to do that, but the state has stepped up."

Mayor Dyer says the high paying jobs at the Golf Channel are exactly the kind the city should be going for.

"It's a good idea to incentivise bringing jobs here and the largest percentage of that is from the state. The city matches 25 percent of what the state puts it, and we only put it in for jobs that are 25 percent above the median average here in Central Florida."

While most of the hiring will not be local, there is some opportunity for work with the Golf Channel. They told us when they expand their current building, they are hoping to get local contractors to do that construction.

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